U.S. electric automaker Tesla Inc prepares to slash on-site staff at its Nevada battery plant by about 75% because of the coronavirus pandemic, the local county manager stated on Thursday. The move comes following its Japanese battery partner Panasonic stated it would decrease operations at the Nevada factory this week before shutting it for 14 […]
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Ford, GM, Tesla can go ahead with making ventilators, says Trump
U.S. President Donald Trump stated on Sunday that American automakers such as Ford Motor, General Motors and Tesla Inc have been given the green light in making ventilators and other objects required during the coronavirus crisis. “Ford, General Motors and Tesla are being given the go ahead to make ventilators and other metal products, FAST! […]
Panasonic to suspend production at Tesla joint venture due to coronavirus
Panasonic stated on Saturday it will temporarily stop production at its battery joint venture with U.S. electric automaker Tesla Inc in Nevada due to the coronavirus outbreak. The Japanese electronics company, which provides battery cells for Tesla’s electric vehicles, will reduce operations at so-called Gigafactory 1 early next week before shutting down for 14 days, […]
Elon Musk says car crashes are more dangerous than coronavirus
Elon Musk sent a memo to SpaceX workers on Friday downplaying the threat of coronavirus, a pandemic, according to a report from BuzzFeed News. Musk’s email told workers of the space transport company that they were much more likely to die from a car crash than coronavirus. He also stated that based on the evidence he had […]
Tesla plans to expand parts production capacity in Shanghai
Tesla Inc prepares to boost its production capacity for certain auto parts at its $2 billion factory in China, according to a government document observed by Reuters, as it pushes to localize its supply chain in the country. The U.S. automaker, which started making deliveries Model 3 electric sedans from its Shanghai factory in December, […]
Tesla downgraded Model 3 chip in China due to coronavirus
Tesla has said that it installed older, slower processors in new cars due to supply chain problems caused by the coronavirus outbreak. The company was getting complaints from owners of new Model 3 vehicles in China who discovered their cars’ computers used the older chip. Tesla stated it would upgrade the hardware free of charge, […]
Tesla shares decline as coronavirus impacts China car registrations
Shares of Tesla Inc dropped as much as 14% on Thursday on concerns regarding the impact of the coronavirus on the electric automaker’s vehicle registrations in China. Details from LMC Automotive showed that 3,563 Tesla vehicles were registered in China in January, increasing from 853 vehicles a year earlier, but down from the 6,613 vehicles […]
Tesla Autopilot and smartphone distraction caused fatal crash, says NTSB
Tesla’s partially automated driving system autopilot steered an electric SUV into a concrete barrier on a Silicon Valley freeway as it was operating under conditions it couldn’t manage and because the driver probably distracted by playing a game on his smartphone, the National Transportation Safety Board (NTSB) has found. The board made the conclusion Tuesday […]
Bill Gates buys Porsche Taycan, Musk calls it ‘underwhelming’
Elon Musk is not really positive about the recent car purchase of fellow billionaire entrepreneur Bill Gates. After Gates stated he purchased himself an all-electric Porsche Taycan, Tesla’s CEO took to Twitter to discuss the Microsoft co-founder. “My conversations with Gates have been underwhelming tbh [to be honest],” Musk tweeted. My conversations with Gates have been underwhelming tbh — […]
NTSB releases details in two crashes involving Tesla Autopilot
An Apple engineer who died when his Tesla Model X crashed into a concrete barrier had earlier complained regarding the SUV malfunctioning on that same stretch of Silicon Valley freeway. His complaints were detailed last week in documents released by federal investigators in two Tesla crashes associating Autopilot, one in California and the other in […]
Tesla recalls 15,000 Model X SUVs for issue with power steering
Tesla Inc is recalling 15,000 Model X SUVs due to a potential issue that can result in a loss of power steering assist that could make steering more difficult and boost the chances of a crash. The National Highway Traffic Safety Administration (NHTSA) and Transport Canada stated aluminum bolts that connect the electric power steering […]
Shanghai to help Tesla restart production despite coronavirus spread
Tesla’s factory in China’s financial hub of Shanghai will restart production on February 10 with assistance to help it cope with a growing epidemic of coronavirus, a Shanghai government official stated on Saturday. Many factories throughout China closed in late January for the Lunar New Year holiday that was initially due to end on January […]
Tesla overtakes Volkswagen as second most valuable automaker globally
American automaker Tesla Inc has overtaken Germany’s Volkswagen AG as the world’s second most valuable automaker behind Japan’s Toyota Motor, as the meteoric increase in the U.S. electric vehicle maker’s shares reshuffles the international market. Tesla’s stock has more than doubled in value in these three months, with its market capitalization reaching $100 billion on […]
WWII-era ammunition found at Tesla gigafactory site
Officials in Germany say 85 kilograms (187 pounds) of World War II ammunition have been discovered on the site where Tesla prepares to build its first factory in the entire continent. Local newspaper Maerkische Oderzeitung quoted authorities in Brandenburg on Wednesday saying that they estimate about 25 unexploded bombs could be discovered at the partially […]
Tesla achieve $100 billion stock market valuation in extended trading
Tesla Inc became the first $100 billion publicly listed American automaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month when Tesla’s stock crossed $420, the infamous price at which CEO Elon Musk had tweeted he would take the electric automaker […]
